North America Capital and Maintenance Infrastructure Spending Shows Decline

North America Capital and Maintenance Infrastructure Spending Shows Decline

North America Capital and Maintenance Infrastructure Spending Shows Decline


Attachment: 12-Month Spending Outlook, North American Oil & Gas Projects

SUGAR LAND--October 31, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)-- Planned capital and maintenance project spending is showing a 7.4% decline for the forthcoming 12-month period out to third-quarter 2019, according to the latest analysis from Industrial Info. The pipeline of planned infrastructure spending across the 12 industries Industrial Info researchers track and monitor stands at $593 billion from fourth-quarter 2018 to third-quarter 2019. However, the volume of projects has increased almost 2% for projects with a planned kickoff date in the next 12 months, and stands at almost 6,500 capital projects and a further 6,400 maintenance projects and turnarounds.

Within this article: Details of industrial trends as detailed in Industrial Info's North America 12-Month Market Assessment report

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